Lithium Royalty Corp. Announces Portfolio Updates
Businesswire·2026-03-06 11:14

Core Insights - Lithium Royalty Corp. (LRC) has provided updates on its royalty portfolio, highlighting significant developments in various lithium projects [1] Ganfeng Goulamina Royalty - LRC completed the acquisition of a Trailing Product Sales Fee royalty on the Goulamina lithium project in Mali, expecting a Q4 2025 payment of approximately US$2.9 million in March 2026 [2] Sigma Lithium Grota do Cirilo Royalty - Sigma Lithium Corporation resumed mining at the Grota do Cirilo project in Brazil, selling 150,000 tonnes of lithium fines at about US$140 per tonne, with an additional 350,000 tonnes available for sale [2] - Sigma reported sales of 200,000 tonnes of lithium fines in January 2026 at prices of US$125 and US$140 per tonne [2] - The resumption of production allows Sigma to initiate client payments under a $96 million working capital revolving facility, enhancing liquidity as production ramps up [3] - Updated production guidance indicates approximately 240,000 tonnes on a 12-month forward annualized basis and about 520,000 tonnes on a 24-month forward annualized basis [3] Ganfeng Mariana Lithium Royalty - Ganfeng Lithium announced the first shipment of lithium chloride from the Mariana Lithium Project, with 10 shipments of 24 tonnes each sent to China [4] - Expansion plans for Phases 2 and 3 are being prepared under the Régimen de Incentivo para Grandes Inversiones in Argentina, with applications expected in 2026 [4] Core Lithium Finniss Royalty - Core Lithium Ltd. announced the sale of a 5,100 dry metric tonne stockpile of spodumene concentrate at a price of approximately US$2,023 per dry metric tonne, with proceeds expected in Q2 2026 [5] - Core Lithium retains about 75,000 dry metric tonnes of lithium fines available for sale as it moves towards a Final Investment Decision on restarting mining operations at the Finniss lithium project in Australia [5] Company Overview - LRC is a lithium-focused royalty company based in Canada, with a diversified portfolio of 38 royalties related to the electrification and decarbonization of the global economy [7] - The portfolio is centered on the battery supply chain for transportation and energy storage, underpinned by properties producing or expected to produce lithium and other critical minerals [7]

Lithium Royalty Corp. Announces Portfolio Updates - Reportify